Eman samy’s Post

❌ Fighting money laundering and fraud, that was Deutsche Kreditbank’s request! 🤝 That's why our Anti-Money Laundering solution offers a unique tool that meets all the bank’s needs, as for example the complete fraud management life cycle. It also ensures that the processing of possible fraud cases is coordinated seamlessly. Find out more in this article ➡️ http://2.sas.com/6048g5KS0

❌ Fighting money laundering and fraud, that was Deutsche Kreditbank’s request! 🤝 That's why our Anti-Money Laundering solution offers a unique tool that meets all the bank’s needs, as for example the complete fraud management life cycle. It also ensures that the processing of possible fraud cases is coordinated seamlessly. Find out more in this article ➡️ http://2.sas.com/6048gcFug

International Fraud Awareness Week is coming to a close, but the fight against check fraud is a ongoing battle. We've compiled resources for banks and credit unions as they look to strengthen their risk mitigation strategy. Get started here >> https://bit.ly/3Ohxdp5 #checkfraud #fraudweek #deposits #checkprocessing #banks #creditunions #paymentsolutions #digitalbanking

ICYMI: Our latest white paper examines how fraudsters are increasingly targeting regional and super-regional banks - those with less than $200 billion in assets. Learn more about the unique challenges these smaller banks face and how leveraging benchmark data can enhance fraud prevention strategies. Available for download here: https://lnkd.in/dJU_ysWu

🚀 Exciting Announcement! 🚀 We are thrilled to announce our partnership with NICE Actimize to unveil the highly anticipated 𝐅𝐫𝐚𝐮𝐝 𝐁𝐚𝐫𝐨𝐦𝐞𝐭𝐞𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 "𝐍𝐞𝐰 𝐅𝐚𝐜𝐞𝐬 𝐨𝐟 𝐅𝐫𝐚𝐮𝐝"! 🌟 💡Why does this matter? The insights within this report are invaluable! This report offers a deep dive into the ever-evolving landscape of fraud in Asia, revealing the latest trends, emerging threats, and the crucial measures being implemented by fraud risk professionals across the region. Featuring exclusive interviews with industry leaders, including Melchor Plabasan and Dexter Macatangay from the Bangko Sentral ng Pilipinas, and Debra Au, Managing Director at DBS Bank in Hong Kong, this report provides a front-row seat to how financial institutions are boldly confronting these challenges. Get your copy now by filling out the form at the link below and stay ahead of the curve in the fight against fraud! 👉bit.ly/3YeLCs9 #NewFacesofFraud #NiceActimize #threatlandscape #Financialcrime #Fincrime #FraudBarometer #FinancialInsights #FraudPrevention

Fraud prevention tip #9: Call the bank. Call the bank when you suspect or see any suspicious activity. The sooner the bank is aware of the situation, the greater chance you have in minimizing risk to your account.

Fighting fraud is impossible in isolation. Watch as Michael Steinbach, Head of Global Financial Crime and Fraud Prevention, Personal Banking and Wealth, at CitiBank examines the value that consortium-based data can have in reducing customer losses.

Refresh Your Knowledge Bank Q: What is a Suspicious Activity Report (SAR), and when should it be filed?   A: A SAR is a confidential report filed with regulatory authorities when suspicious financial activity is detected. It should be filed when: -        Suspected money laundering or fraud -        Unusual patterns of transactions -        Potential terrorist financing -        Transactions appear structured to evade reporting requirements -        Unexplained or suspicious source of funds . Q: How do you determine a customer's risk rating?   A: Customer risk rating is determined by evaluating multiple factors: -        Geographic location/jurisdiction -        Business type/industry -        Product/service usage -        Transaction patterns -        Customer type (individual/corporate) -        PEP status -        Negative news/adverse media Q: What are red flags in transaction monitoring?   A: Common red flags include: -        Rapid movement of funds -        Multiple small deposits followed by large withdrawals -        Transactions just below reporting thresholds -        Unusual cross-border activities -        Inconsistent transaction patterns -        High-risk jurisdiction involvement -        Complex ownership structures #FATF #AML #KYC #Compliance #Risk_Managment #Regulations

For more than a decade, Auriemma Roundtables has been the preeminent bank and deposit fraud benchmarking partner for dozens of institutions. We are thrilled to announce a new segment of our studies are opening to credit unions and small-to-midsized banks. When the entire industry compares performance, it is better prepared to stop fraud attacks. More details at the link below. #fraudprevention #fraudbenchmarking

In the past, the only banks that were able to participate in our fraud benchmarks were members of our roundtables. Now, small to mid-sized banks and credit unions that are not members of our roundtables can now participate in our industry leading fraud benchmark studies. Receive timely quarterly results that allow you to compare yourself to peer groups of similar size or the industry as a whole using our proprietary Interactive Benchmark reporting. See how you are doing, influenced strategic decision-making and avoid being the slowest gazelle in the fraud flighting space! For more information, check out the link below.